India’s next big economic opportunity, after winning the world with information technology services, is agriculture, with a current economic value of US$600 billion estimated in 2020-21.
Convergence of agriculture and IT is creating major opportunities to usher in smart-farming technologies and tools, to unlock new economic values for every wing of the agriculture eco-system (Agri Governance, Agri input and Agri output).
Technology enablement is solving critical age-old problems for the Indian agrarian economy, like production risk coverage, demand supply aggregation of small and marginal farmers, transparent governance, and adding values to the rural economy like market-linked production and addressing the critical challenge of underemployment. Millions of farm-technology jobs in the farm and allied sectors will get created for rural youth.
AgriGate 2022 was hosted by NASSCOM, the premier trade body and chamber of commerce of the Tech industry in India, and InGreens, a Kolkata-born AgTech startup and one of the fastest growing AgTech firms in India.
It is the first such event in India, that’s bringing together all the players in the agriculture and related technology ecosystem, not only from across India but also from six other countries, as well as most of the large Indian Venture Capital firms.
Krishi jagran was the media partner of this event.
InGreens is happy to announce several tie-ups with global and Indian partners across AgTech R&D, and business.
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An expression of intent with IIT Kharagpur, has been agreed for R&D in satellite image processing, and ready-to-cook food.
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fashol.com, of Bangladesh, and InGreens have decided to work together for synergistic growth opportunities.
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GreentechAI of UK and InGreens are collaborating for farm data analytics.
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InGreens become an industry partner with C-DAC to develop AI-based multimodal dialogue system for Indian farmers
Agriculture policymakers from several Indian states, CEOs from input providers (finance, technology, seeds, fertilizers, farm equipment) to supply chain, food, and retail sector attended the event to connect, collaborate and co-create solutions, to accelerate the digital transformation of this industry, to build the future-of-farms-n-food.
It is interesting to note that agriculture has witnessed the least adoption of IT in the past, and thereby presents a huge scope for a technological leap forward. This is mission-critical if we are to improve farm productivity and efficiency in India, which is one of the world’s leading agriculture economies. With the world’s population expected to grow to 9.7 billion by 2050, the Food and Agriculture Organization (FAO) of the United Nations estimates agriculture will need to produce almost 50 percent more food, livestock fodder, and biofuel than in 2012 to satisfy global demand.
